By Sean Brodrick On February 24, 202111:05 AM Eastern
After swooning yesterday morning ahead of Fed Chairman Powell’s remarks, the broad market clawed back to a gain.
Why the bullish reversal? Powell vowed to keep monetary policy accommodative...
By Jon D. Markman On February 24, 202106:28 AM Eastern
Stocks scrambled all over the Street on Tuesday, but finished well off their steep lows after Federal Reserve Chair Jerome Powell told Congress that the economy was a “long way from our employment...
By Jon D. Markman On February 23, 202103:15 PM Eastern
U.S. stocks pared losses Tuesday, but technology remained among the worst performers after Federal Reserve Chairman Jerome Powell told Congress that the economy was a “long way from our employment...
By Sean Brodrick On February 23, 202111:00 AM Eastern
Last week, you grabbed two rounds of gains — 19.54% on HALF your Fisker Inc. (NYSE: FSR) and 23% on ALL your shares of The Mosaic Company (NYSE: MOS). Today, we’re going to grab more gains, cut a...
By Jon D. Markman On February 23, 202106:58 AM Eastern
Tesla (Nasdaq: TLSA) share lost better than 8% Monday as traders finally bailed out of the high-flyer. What you may have missed was Ford (NYSE: F) and General Motors (NYSE: GM) shares bucking the...
By Jon D. Markman On February 23, 202106:28 AM Eastern
Stocks spun into full rotation mode on Monday as big cyclicals rose, while techs and consumer names plunged amid a surge in copper prices to a decade high and rising government bond yields.
The...
By David Dittman On February 23, 202106:00 AM Eastern
Focus for many mainstream market participants and observers early this week is on inflation.
The U.S. dollar is softening, yields on U.S. Treasuries are rising and commodity prices are surging....
By Jon D. Markman On February 22, 202103:03 PM Eastern
Stocks are swirling today as investors weighed prospects of a $1.9 trillion economic stimulus hitting Congress this week with a surge in copper price to a decade high and firmer government bond...
By Sean Brodrick On February 22, 202101:42 PM Eastern
If you followed my recommendation on Friday, you banked some nice gains: 26.17% on all your Global X Lithium & Battery Tech ETF (NYSE: LIT) and 37.33% on HALF your shares of Livent Corp. (NYSE:...
By Sean Brodrick On February 22, 202111:02 AM Eastern
My heart goes out to anyone stuck in the miserable, shivering mess of winter weather that is shrouding half of America right now.
I’m especially sympathetic to the 3.8 million people who are...